I had no intention of using option open interest as an indicator this week, but as of today, the stock is trading as if earnings will be a non event. Today was very controlled... Somewhat baffling. The only surprise today is, volume same, movement same, price pinned between ITM calls. Just like any other week... I think these suttle hints suggest to go about ones trading business as usual. There's always the Facebook stating something stupid factor or a flat out miss but I think unlikely.
AAPL and MSFT, decent numbers with tight a/h range tonight. Perfect for them to hold these levels, I'd like the same at minimum for FB. Better to not expect to much. If options dictate again, we barely break 70 this week. No put action and no one knows shorted call positions... That's the x factor. Closing above 68 last Friday was a pleasant surprise for me last week, it leads me to believe our shorts are hiding in sold call positions, not the stock. No way to know. If day trading, I'd wait.
Of topic, I bet gopro chart looks just like twitter chart in 6 months when insider selling begins
Zack ranks it a 4 meaning it will tank on earnings. Beside Oculus and Whatsapp and other companies recently bought will create a huge dilution for some time
Google failed to court Spotify due to management styles not price. Zuck has a great relationship with the folks over at Spotify. Win-win as far as I am concerned!
Pepperonliandmushrooms2003. Hope all is well. been a long time.
Wouldn't trust these big players too much....myself, though I agree with FB's prospects. The big guys will ride it down, buy low, and then ride it back up...
Hi Plummel, i did not understand very well, does it means the fb stock could go down to hit their next up or....? What can i expect tomorrow? Today any big change, i expected more down as thuesday the turnaround day.....
i can see this too. i'm telling you, i don't think "they" are ready to let this stock break…yet.
happy (hi-drama) trading! i going long thru ER--at this point--with VERY LOW to NO LEVERAGE.